Exploring the Relationship between Home Economics Competencies and Financial Literacy among High School Learners

Abstract

This study examined the relationship between Home Economics Competencies and Financial Literacy among high school learners, focusing on Grade 7 learners at Davao City National High School. Employing a descriptive correlational research design, the research utilized a survey method to collect data, with the sample selected through simple quota sampling. The survey measured learners ' competencies in various aspects of Home Economics, including practical skill application, integration of theoretical knowledge with practical execution, and adaptability to changing household dynamics, alongside their understanding and management of financial literacy. Statistical analysis of the data involved calculating mean scores, Pearson-r correlation, and conducting regression analysis. The findings revealed a significant positive correlation between Home Economics competencies and financial literacy (R: 0.59, p<0.05). Regression analysis further demonstrated the impact of specific components of Home Economics education on financial literacy levels. These results suggest that proficiency in Home Economics is closely linked to financial literacy, indicating that comprehensive education in Home Economics could enhance learners ' financial understanding and capabilities. The study highlights the importance of integrating Home Economics and financial education to equip learners with essential life skills for their future.